Citigroup Inc. Purchases 1,132 Shares of SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK)

Citigroup Inc. lifted its holdings in SPDR Bloomberg High Yield Bond ETF (NYSEARCA:JNK) by 2.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 43,386 shares of the exchange traded fund’s stock after purchasing an additional 1,132 shares during the quarter. Citigroup Inc.’s holdings in SPDR Bloomberg High Yield Bond ETF were worth $4,243,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of JNK. Creative Financial Designs Inc. ADV bought a new stake in SPDR Bloomberg High Yield Bond ETF in the 3rd quarter valued at $30,000. GHP Investment Advisors Inc. acquired a new position in SPDR Bloomberg High Yield Bond ETF in the 2nd quarter valued at $29,000. Blue Trust Inc. grew its holdings in SPDR Bloomberg High Yield Bond ETF by 235.5% in the 3rd quarter. Blue Trust Inc. now owns 406 shares of the exchange traded fund’s stock valued at $38,000 after buying an additional 285 shares in the last quarter. 1620 Investment Advisors Inc. acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 2nd quarter worth $48,000. Finally, Fortitude Family Office LLC acquired a new stake in shares of SPDR Bloomberg High Yield Bond ETF during the 3rd quarter worth $50,000. 87.54% of the stock is currently owned by institutional investors and hedge funds.

SPDR Bloomberg High Yield Bond ETF Price Performance

JNK opened at $96.81 on Wednesday. SPDR Bloomberg High Yield Bond ETF has a 52-week low of $92.38 and a 52-week high of $97.90. The business’s fifty day moving average is $96.79 and its 200-day moving average is $95.82.

SPDR Bloomberg High Yield Bond ETF Company Profile

SPDR Barclays High Yield Bond ETF (the Fund), formerly SPDR Barclays Capital High Yield Bond ETF, seeks to provide investment results that correspond to the price and yield performance of the Barclays Capital High Yield Very Liquid Index (the Index). The Index includes publicly issued United States dollar denominated, non-investment grade, fixed-rate, taxable corporate bonds that have a remaining maturity of at least one year, regardless of optionality, are rated high-yield using the middle rating of Moody’s, S&P, and Fitch, respectively, and have $600 million or more of outstanding face value.